Detailed explanation and options for the selected question.
Which of the following is an open market operation?
A.
Issuance of treasury bills
B.
Purchase or sale of government securities by RBI
C.
Setting of Repo Rate
D.
Issuance of banking licenses
Explanation:
Open market operations refer to the purchase or sale of government securities by the RBI to regulate liquidity. Other options are unrelated to open market operations.